SHA:688179 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	686.46	524.39	396.72	371.02	281.25
Other Revenue	-	9.17	6.16	7.08	6.41
Revenue	686.46	533.56	402.88	378.1	287.66
Revenue Growth (YoY)	28.66%	32.44%	6.55%	31.44%	22.82%
Cost of Revenue	-	204.38	162.54	156.28	110.11
Gross Profit	686.46	329.18	240.33	221.82	177.55
Selling, General & Admin	-	132.56	96.08	83.96	61.35
Research & Development	-	62.51	51.07	38.7	22.32
Other Operating Expenses	532.13	4.49	0.78	3.22	1.52
Operating Expenses	532.13	200.69	148.1	127.2	85.52
Operating Income	154.33	128.49	92.23	94.63	92.03
Interest Expense	-	-7.29	-6.69	-4.67	-0.41
Interest & Investment Income	-	5.87	6.89	8.28	10.16
Currency Exchange Gain (Loss)	-	0.01	0.11	0.4	-0.11
Other Non Operating Income (Expenses)	0.11	-1.16	-0.57	-0.69	-0.4
EBT Excluding Unusual Items	154.44	125.92	91.97	97.95	101.27
Gain (Loss) on Sale of Investments	-	0.55	1.46	1.3	0.35
Gain (Loss) on Sale of Assets	-	-0.1	-0.13	0.19	-1.47
Other Unusual Items	-	1.27	1.6	6.24	1.56
Pretax Income	154.44	127.63	94.91	105.67	101.71
Income Tax Expense	50.99	11.91	9.08	12.9	12.35
Earnings From Continuing Operations	103.45	115.72	85.83	92.77	89.36
Minority Interest in Earnings	-	-16.96	-	-	-
Net Income	103.45	98.76	85.83	92.77	89.36
Net Income to Common	103.45	98.76	85.83	92.77	89.36
Net Income Growth	4.75%	15.07%	-7.48%	3.82%	20.06%
Shares Outstanding (Basic)	334	329	294	339	331
Shares Outstanding (Diluted)	334	339	303	346	331
Shares Change (YoY)	-1.44%	11.75%	-12.51%	4.75%	25.43%
EPS (Basic)	0.31	0.30	0.29	0.27	0.27
EPS (Diluted)	0.31	0.29	0.28	0.27	0.27
EPS Growth	6.27%	2.96%	5.75%	-0.89%	-4.29%
Free Cash Flow	-	115.99	10.11	-105.23	-98.38
Free Cash Flow Per Share	-	0.34	0.03	-0.30	-0.30
Dividend Per Share	-	0.167	0.179	0.106	0.121
Dividend Growth	-	-6.66%	68.02%	-12.51%	-19.96%
Gross Margin	100.00%	61.70%	59.65%	58.67%	61.72%
Operating Margin	22.48%	24.08%	22.89%	25.03%	31.99%
Profit Margin	15.07%	18.51%	21.30%	24.54%	31.06%
Free Cash Flow Margin	-	21.74%	2.51%	-27.83%	-34.20%
EBITDA	178.52	152.67	109.47	107.33	101.74
EBITDA Margin	26.01%	28.61%	27.17%	28.38%	35.37%
D&A For EBITDA	24.19	24.19	17.24	12.7	9.72
EBIT	154.33	128.49	92.23	94.63	92.03
EBIT Margin	22.48%	24.08%	22.89%	25.03%	31.99%
Effective Tax Rate	33.02%	9.33%	9.56%	12.21%	12.14%
Revenue as Reported	-	533.56	402.88	378.1	287.66
Advertising Expenses	-	11.44	5.46	3.9	3.34

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.